{"id":117511,"date":"2026-04-29T09:21:11","date_gmt":"2026-04-29T13:21:11","guid":{"rendered":"https:\/\/www.businessupturn.com\/usa\/?p=117511"},"modified":"2026-04-29T09:21:11","modified_gmt":"2026-04-29T13:21:11","slug":"european-stocks-fall-0-8-as-oil-surge-and-iran-crisis-shake-markets-while-ubs-profit-jumps-80","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/usa\/european-stocks-fall-0-8-as-oil-surge-and-iran-crisis-shake-markets-while-ubs-profit-jumps-80\/117511\/","title":{"rendered":"European stocks fall 0.8% as oil surge and Iran crisis shake markets while UBS profit jumps 80%"},"content":{"rendered":"
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European markets stayed weak on Wednesday. Investors remained cautious. Global tensions and earnings kept traders busy.<\/p>\n

European stocks fall 0.8 percent as oil prices rise on Iran crisis<\/h2>\n

The pan European Stoxx 600 dropped 0.3%. Germany\u2019s DAX stayed mostly flat. France\u2019s CAC 40 slipped 0.1%. The UK FTSE 100 saw a bigger fall of 0.8%.<\/p>\n

The main concern is rising oil prices. The Iran conflict is pushing prices higher. This is worrying investors.<\/p>\n

The Strait of Hormuz is under pressure. This route carries nearly 20% of global oil supply. Tanker movement is almost blocked.<\/p>\n

This situation is keeping crude prices above normal levels. Higher oil prices can increase inflation. It can also reduce company profits.<\/p>\n

Talks between the US and Iran have stalled. Reports suggest preparation for a longer conflict. This is adding uncertainty to global markets.<\/p>\n

UBS profit jumps 80 percent while Adidas shares surge 7 percent<\/h2>\n

UBS reported a strong quarter. Profit jumped 80%. Trading activity increased due to market volatility.<\/p>\n

Adidas shares rose more than 7%. The company posted better than expected profit. This came despite heavy discounting in retail.<\/p>\n

STMicroelectronics also gained. It hit its highest level since 2024. Results came in above expectations.<\/p>\n

Airbus shares moved up. The company confirmed its yearly delivery target. This is despite engine supply issues.<\/p>\n

Mercedes Benz saw its revenue fall. Competition from China remains strong. Still the stock edged slightly higher.<\/p>\n

Banco Santander reported a 12.5% rise in profit. The stock stayed mostly flat.<\/p>\n

Deutsche Bank falls despite record profit as GSK drops 3 percent<\/h2>\n

Deutsche Bank posted its biggest ever quarterly profit of 1.912 billion euros. Still the stock declined. Investors remained cautious.<\/p>\n

GSK shares dropped more than 3%. This came even after strong future guidance.<\/p>\n

Aena also traded lower after releasing its results.<\/p>\n

Markets are now waiting for the US Federal Reserve decision. Interest rates are expected to stay unchanged.<\/p>\n

The focus will be on future guidance. Investors want clarity on rate cuts ahead.<\/p>\n

Overall mood remains cautious. Rising oil prices and global tensions are keeping markets under pressure.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"

European markets stayed weak on Wednesday. Investors remained cautious. Global tensions and earnings kept traders busy. European stocks fall 0.8\u2026<\/p>\n","protected":false},"author":294,"featured_media":117512,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[74],"tags":[36226,22600,34375,33979,34376,30421],"class_list":["post-117511","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money","tag-european-stock","tag-ftse-100","tag-pound","tag-top-stories","tag-uk-stock","tag-uk-stock-market"],"reading_time":"2 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/117511","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/users\/294"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/comments?post=117511"}],"version-history":[{"count":1,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/117511\/revisions"}],"predecessor-version":[{"id":117513,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/117511\/revisions\/117513"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media\/117512"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media?parent=117511"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/categories?post=117511"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/tags?post=117511"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}